AME6.DE vs. AE50.DE
Compare and contrast key facts about Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.DE) and Amundi ETF STOXX Europe 50 UCITS ETF EUR (AE50.DE).
AME6.DE and AE50.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AME6.DE is a passively managed fund by Amundi that tracks the performance of the STOXX® Europe 600 ESG+. It was launched on Apr 18, 2018. AE50.DE is a passively managed fund by Amundi that tracks the performance of the STOXX® Europe 50. It was launched on Sep 29, 2009. Both AME6.DE and AE50.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AME6.DE or AE50.DE.
Key characteristics
| AME6.DE | AE50.DE | |
|---|---|---|
| YTD Return | 10.36% | 12.45% |
| 1Y Return | 14.76% | 15.30% |
| 3Y Return (Ann) | 8.18% | 12.57% |
| 5Y Return (Ann) | 9.19% | 12.21% |
| 10Y Return (Ann) | 7.16% | 12.69% |
| Sharpe Ratio | 1.45 | 1.52 |
| Daily Std Dev | 10.38% | 10.16% |
| Max Drawdown | -35.62% | -32.20% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between AME6.DE and AE50.DE is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AME6.DE vs. AE50.DE - Performance Comparison
In the year-to-date period, AME6.DE achieves a 10.36% return, which is significantly lower than AE50.DE's 12.45% return. Over the past 10 years, AME6.DE has underperformed AE50.DE with an annualized return of 7.16%, while AE50.DE has yielded a comparatively higher 12.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AME6.DE vs. AE50.DE - Expense Ratio Comparison
AME6.DE has a 0.18% expense ratio, which is higher than AE50.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
AME6.DE vs. AE50.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.DE) and Amundi ETF STOXX Europe 50 UCITS ETF EUR (AE50.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AME6.DE vs. AE50.DE - Dividend Comparison
Neither AME6.DE nor AE50.DE has paid dividends to shareholders.
Drawdowns
AME6.DE vs. AE50.DE - Drawdown Comparison
The maximum AME6.DE drawdown since its inception was -35.62%, which is greater than AE50.DE's maximum drawdown of -32.20%. Use the drawdown chart below to compare losses from any high point for AME6.DE and AE50.DE. For additional features, visit the drawdowns tool.
Volatility
AME6.DE vs. AE50.DE - Volatility Comparison
Amundi STOXX Europe 600 ESG UCITS ETF EUR (AME6.DE) has a higher volatility of 3.49% compared to Amundi ETF STOXX Europe 50 UCITS ETF EUR (AE50.DE) at 3.26%. This indicates that AME6.DE's price experiences larger fluctuations and is considered to be riskier than AE50.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.